L & S Advisors Inc Sells 122 Shares of The Walt Disney Company (NYSE:DIS)

L & S Advisors Inc cut its holdings in shares of The Walt Disney Company (NYSE:DIS) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,572 shares of the entertainment giant’s stock after selling 122 shares during the period. L & S Advisors Inc’s holdings in Walt Disney were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc raised its stake in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter worth about $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter worth about $35,000. Finally, Vision Financial Markets LLC acquired a new stake in Walt Disney in the 4th quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DIS. Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective on the stock. Citigroup reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Loop Capital raised their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Macquarie reiterated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Stock Down 2.4 %

Shares of NYSE DIS opened at $98.02 on Monday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.69. The stock’s fifty day moving average is $107.31 and its 200 day moving average is $105.19. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a market capitalization of $177.19 billion, a P/E ratio of 31.93, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.